
Hotshot Wharton professor sees $34 trillion debt triggering 2025 meltdown as mortgage rates spike above 7%: ‘It could derail the next administration’
by zhumao

Hotshot Wharton professor sees $34 trillion debt triggering 2025 meltdown as mortgage rates spike above 7%: ‘It could derail the next administration’
by zhumao
7 comments
archived: https://archive.ph/Uuklo
> The Black Swan author Nassim Taleb says the economy is in a “death spiral,”
Meanwhile the world’s currency, Bitcoin, has been pumping non stop for months
Governments are wasteful as hell. They should be audited and held accountable.
Exactly as planned.
Or the administration after the next, or even the one after that. Eventually, some Administration for sure, sooner than later
I agree with him. We’re spiraling.
Not saying the guy is wrong, though Trump went to Wharton, so…yeah.